Inside Asean

The transition is reshaping not just companies, but also the trajectory of the country’s private sector as the primary economic growth engine

The changing landscape is fuelled by rapid urbanisation, income growth and an expanding middle class

Factors such as the quality of education and employment opportunities are a huge draw, but cost of living can weigh on decisions 

Facilities under the joint venture are moving from labour-intensive growth to high-tech, green goals

Key drivers include its young and more well-educated workforce, as well as a growing middle class

Businesses in the country are adopting a ‘move-and-adjust strategy’ amid fluid global developments